Mrs. Clinton and the 1 Percenters
To be a member of the hated, reviled, filthy, wicked “1 percent,” one needs a household income of about $400,000 a year....
...Sometime National Review contributor Peter Schweizer has a book out this week bearing the straightforward title Clinton Cash, in which he documents the coincidence between the financial contributions of foreign interests to Clan Clinton and favorable treatment by Hillary Rodham Clinton’s State Department. Mrs. Clinton has been doing a fair Elizabeth Warren impersonation of late on the issue of executive compensation, which has led a few critics to point out that at approximately $300,000 an hour, Mrs. Clinton as a maker of speeches out-earns all of the highest-earning American executives on an hourly basis or a daily basis. And we’re talking about Fortune 500 guys, there.
In reality, the average American CEO — the average chief executive — makes a little less than $200,000 a year. Paul Krugman makes more than that for a part-time gig thinking deep thoughts about . . . economic inequality. Which is to say, Mr. and Mrs. Clinton could each work an hour every year and still have an income that would place them well into the “1 percent,” while Mrs. Clinton by herself could work an hour a year and out-earn, by half-again as much, the typical American CEO....
...The city manager of my hometown — the sprawling and urbane metropolis of Lubbock, Texas — makes $235,000 a year, which seems to me much more significant than what the boss makes at IBM or Goldman Sachs. For one thing, there are only 500 Fortune 500 CEOs, but there are a hell of a lot of small-fry city managers, six-figure high-school principals and million-dollar superintendents, $300,000-a-year Philadelphia police detectives, etc. Running parks and recreation in Pawnee, Ind., doesn’t seem like all that high-paying a gig for the fictional Leslie Knope and her gang — but in the real world, it’s a pretty good jump on a 1 percenter’s income....
On the other hand, if you thought that Bell, Calif. — population 35,000 — was overpaying its city manager (at $800,000 a year!) you couldn’t sell your Bell shares or short the hell out of Bell. You had to keep paying, or the sheriff and burly men with guns would eventually come and seize your property. Say what you like about Warren Buffett, Berkshire Hathaway doesn’t have the power to withhold money from your paycheck or order you to pay up at gunpoint....
Hillary Clinton: Just an Everyday American with a $25 Million Income
Recent news of the Clintons’ $25 million jackpot in 2014 makes it tough for Hillary to push her core campaign theme with a straight face. Indeed, widespread laughter will greet her efforts to champion “everyday Americans” against those who allegedly make too much money. “The deck is stacked for those at the top,” Hillary Clinton said Tuesday, not mentioning that her household income puts her in not just the top 1 percent of tax filers but the top 0.1 percent. “There’s something wrong when CEOs make 300 times more than the typical worker,” Clinton told Iowa voters last month. However, as Sean Davis noted Tuesday at TheFederalist.com, “she did not elaborate on whether there’s something wrong when non-CEOs who run tax-exempt organizations make 380 times more than the typical worker.”...
...Still, as Hillary runs around denouncing rich people, she would be less unintentionally comedic if she did not make 58 times the $434,682 scored by the lowliest 1 percenter....
...The Clintons last year made more than double the earnings of a typical CEO. Even halving their joint income to $12.5 million puts each $800,000 ahead of the AFL-CIO’s average corporate villain....
...USA Today also noted that “the Clintons appear to have put their homes in ‘residence trusts,’ a move that could reduce their estate taxes.” Here again, the Clintons seem to be cutting their tax exposure — this time for when they enter that great real-estate scheme in the sky. That is perfectly legal. However, death-tax avoidance muffles the battle cries of someone who rails against the rich.
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Report: Big Morocco donation to Clinton foundation
A phosphate export firm owned by the Moroccan government will give the Clinton Foundation a donation of at least $1 million in advance of a May meeting the charity is to host in Morocco, Politico reported Thursday. The gift adds to the Clinton family charity's reliance on contributions from foreign nations as Hillary Rodham Clinton prepares to enter the 2016 presidential race....
How foreign donations to Clinton Foundation add up to baggage for Hillary (+video)
...The other major point of contention is the foundation’s longtime practice of accepting contributions from foreign countries. Bill and Hillary Clinton agreed to suspend most of those donations while Hillary was secretary of state, but at least one – a $500,000 check from Algeria for Haitian earthquake relief – slipped through the cracks. And the Clintons resumed taking money from foreign governments after Hillary resigned from the Obama administration in early 2013. Saudi Arabia and Norway have each given between $10 million and $25 million to the Clinton Foundation since its inception, according to the organization’s records....
Foreign governments gave millions to foundation while Clinton was at State Dept
...A review of foundation disclosures shows that at least two foreign governments — Germany and the United Arab Emirates — began giving in 2013 after the funding restrictions lapsed when Clinton left the Obama administration. Some foreign governments that had been supporting the foundation before Clinton was appointed, such as Saudi Arabia, did not give while she was in office and have since resumed donating.
Foundation officials said last week that if Clinton runs, they will consider taking steps to address concerns over the role of foreign donors.
“We will continue to ensure the Foundation’s policies and practices regarding support from international partners are appropriate, just as we did when she served as Secretary of State,” the foundation said in a statement.
Foreign governments had been major donors to the foundation before President Obama nominated Clinton to become secretary of state in 2009. When the foundation released a list of its donors for the first time in 2008, as a result of the agreement with the Obama administration, it disclosed, for instance, that Saudi Arabia had given between $10 million and $25 million....
...In Algeria and Tunisia, rapists can avoid prosecution for raping minors if they marry their victims thanks to Article 326 of the Algerian Penal Code and Article 227 of the Tunisian Penal Code. And thanks to the penal code in Morocco, the severity of punishment for rape depends on whether the woman was a virgin or not.
In all three countries, marital rape is not recognized as an offense, and both same-sex sexual relations and consensual extramarital relations are illegal, which can discourage survivors from reporting assaults, for fear they will be in legal trouble themselves.
These legal provisions impede justice for survivors and continue to facilitate incidents of sexual violence, leaving survivors of rape and sexual assault without justice or hope. In March 2012 in Morocco, 16 year-old Amina Filali swallowed rat poison and killed herself after she was forced to marry her rapist. No one should face a lifetime with her rapist, just as no one’s virginity “status” should determine justice.
For these reasons, Amnesty has selected the Maghreb region as a focus area in its My Body, My Rights campaign, a global campaign to help ensure everyone has access to their sexual and reproductive rights and enjoys the full spectrum of rights over their bodies.
All people have the right to live in safety. All people have the right to make their own decisions about their bodies, including whether to have children, when to marry, and when and with whom to engage in sexual relations, and the governments of Morocco, Algeria, and Tunisia must amend discriminatory legislation that gives offenders impunity....